Citrix Systems Earnings Preview: Can This Streak Continue?

Citrix Systems (NASDAQ:CTXS) will report earnings after markets close on Wednesday, April 24th. Citrix Systems, Inc. designs, develops, and markets technology solutions that allow applications to be delivered, supported, and shared on-demand. The Company develops and markets comprehensive solutions across all dimensions of application, server and desktop virtualization as well as application and network optimization.

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.73 to a profit $0.7. For the current year, the average estimate is a profit of $3.14, which is the same as the estimate ninety days ago.